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AngloGold Ashanti
4.9
based on 11 Reviews
Working at AngloGold Ashanti
Company Summary
A leading player in the global mining sector, AngloGold Ashanti specializes in the extraction and production of gold alongside other minerals, operating numerous mines across several countries.
Overall Rating
4.9/5
based on 11 reviews
29% above
industry average
Highly rated for
Salary, Skill development, Work satisfaction
Critically rated for
Promotions, Job security
Work Policy
Monday to Friday
30% employees reported
Flexible timing
50% employees reported
No travel
34% employees reported
Day shift
100% employees reported
View detailed work policy
Top Employees Benefits
Office cab/shuttle
2 employees reported
Child care facility
2 employees reported
Free meal
2 employees reported
International/On-site exposure
2 employees reported
View all benefits
About AngloGold Ashanti
Founded in1998 (27 yrs old)
India Employee Count11-50
Global Employee Count10k-50k
HeadquartersJohannesburg
Office Locations
--
Websiteanglogoldashanti.com
Primary Industry
Other Industries
--
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AngloGold Ashanti is contending with Newmont and Barrick to be known as the world's largest gold miner. Now ranked as the third-largest gold producer on the basis of ounces sold, it holds about 71 million ounces of proved and probable ore reserves and produces about 4.5 million ounces annually. It also sells silver, uranium, and sulfuric acid. In addition to six deep-level mines and one surface mine in South Africa, AngloGold Ashanti has mining operations in the Americas, Australia, and other areas of Africa. In all, it operates some 20 mines in 10 countries, including Argentina, Brazil, Namibia, the US, and Tanzania. The company was formed in 2004 after AngloGold Limited acquired Ashanti Goldfields Company.
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AngloGold Ashanti Ratings
based on 11 reviews
Overall Rating
4.9/5
How AmbitionBox ratings work?
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4
4
3
0
2
0
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Category Ratings
4.9
Salary
4.9
Skill development
4.9
Work satisfaction
4.3
Company culture
3.5
Work-life balance
3.0
Job security
2.9
Promotions
AngloGold Ashanti is rated 4.9 out of 5 stars on AmbitionBox, based on 11 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
AngloGold Ashanti Reviews
Top mentions in AngloGold Ashanti Reviews
Compare AngloGold Ashanti with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.9/5 based on 11 reviews | 3.7/5 based on 4.5k reviews | 3.9/5 based on 4.8k reviews | 3.9/5 based on 4.6k reviews |
Highly Rated for | Skill development Salary Work satisfaction | Salary | Job security Work-life balance Company culture | Salary |
Critically Rated for | Promotions Job security | Promotions Skill development Work satisfaction | Promotions | No critically rated category |
Primary Work Policy | - | Hybrid 89% employees reported | Hybrid 88% employees reported | Work from office 83% employees reported |
Rating by Women Employees | - no rating available | 3.7 Good rated by 1.5k women | 3.8 Good rated by 1.6k women | 3.9 Good rated by 168 women |
Rating by Men Employees | - no rating available | 3.7 Good rated by 2.8k men | 4.0 Good rated by 3k men | 3.9 Good rated by 4.2k men |
Job security | 3.0 Average | 3.6 Good | 4.0 Good | 3.7 Good |
View more
AngloGold Ashanti Salaries
AngloGold Ashanti salaries have received with an average score of 4.9 out of 5 by 11 employees.
Chief Engineer
(1 salaries)
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₹47.5 L/yr - ₹52.5 L/yr
Maintenance Engineer
(1 salaries)
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₹96.9 L/yr - ₹1.1 Cr/yr
Accounts and Compliance Executive
(1 salaries)
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₹0.9 L/yr - ₹1.2 L/yr
Trader
(1 salaries)
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₹4.3 L/yr - ₹5.5 L/yr
Teacher
(1 salaries)
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₹0.3 L/yr - ₹0.4 L/yr
Fiber Optics Technician
(2 salaries)
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₹25.2 L/yr - ₹32.2 L/yr
AngloGold Ashanti News
Harmony Gold profit jumps by a third on record prices
- Harmony Gold Mining reported a 33% increase in net income to R7.9 billion ($421.6 million) for the first half of its fiscal year.
- The company's profit growth was attributed to soaring bullion prices and strong haven demand.
- Harmony Gold specializes in generating value from aging, deep underground gold assets, with mines acquired from AngloGold Ashanti becoming star performers.
- The company is also seeking to increase its exposure to copper and is nearing a decision on building its first copper mine in Australia.
Moneyweb | 4 Mar, 2025
Gold, or gold shares?
- Gold prices have surged, trading at $2,945/oz and aiming for $3,000/oz, with gold shares providing geared exposure to the rise.
- Companies like AngloGold Ashanti and DRDGold have seen substantial gains due to their leverage to the gold price.
- DRDGold plans to increase output to benefit from higher gold prices, while focusing on efficiency through solar and battery energy.
- Gold Fields reported a jump in profits despite operational challenges, and its shares are up about 30% this year.
- Harmony Gold's shares doubled, driven by better-than-expected production results and cash reserve building for capital projects.
- Central banks hoarding gold, rising deficits, inflation fears, and global supply shortages are key factors influencing the gold market.
- Market speculation ranges from $3,200 to $20,000 for future gold prices, driven by historical trends and current market dynamics.
- Investors can access physical gold through various avenues like the 1invest Gold ETF, Krugerrands, and bullion bars.
- Gold miners are well-positioned to capitalize on the current gold boom by investing in new projects and acquiring smaller deposits.
- The future outlook for gold remains uncertain but optimistic, with potential for continued growth and investment opportunities.
Moneyweb | 24 Feb, 2025
AngloGold posts R18.54bn profit in 2024 on record prices
- AngloGold Ashanti posted a $1 billion profit last year as record bullion prices helped the miner rebound from a loss in 2023.
- The average price received for gold rose 24% to $2,394 per ounce last year
- AngloGold completed the $2.5 billion purchase of Centamin Plc, giving it ownership of the Sukari mine in Egypt.
- AngloGold plans to pay out half of free cash flow to investors and announced a dividend for 2024 of $439 million.
Moneyweb | 19 Feb, 2025
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AngloGold Ashanti FAQs
When was AngloGold Ashanti founded?
AngloGold Ashanti was founded in 1998. The company has been operating for 27 years primarily in the Financial Services sector.
Where is the AngloGold Ashanti headquarters located?
AngloGold Ashanti is headquartered in Johannesburg.
How many employees does AngloGold Ashanti have in India?
AngloGold Ashanti currently has approximately 10+ employees in India.
Does AngloGold Ashanti have good work-life balance?
AngloGold Ashanti has a Work-Life Balance Rating of 3.5 out of 5 based on 10+ employee reviews on AmbitionBox. 100% employees rated AngloGold Ashanti 4 or above, while 0% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read AngloGold Ashanti reviews for more details
Is AngloGold Ashanti good for career growth?
Career growth at AngloGold Ashanti is rated as poor, with a promotions and appraisal rating of 2.9. 0% employees rated AngloGold Ashanti 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading AngloGold Ashanti reviews for more detailed insights.
What are the pros and cons of working in AngloGold Ashanti?
Working at AngloGold Ashanti comes with several advantages and disadvantages. It is highly rated for salary & benefits, skill development and work satisfaction. However, it is poorly rated for promotions / appraisal and job security, based on 10+ employee reviews on AmbitionBox.
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